Variable Separate Account Liabilities definition

Variable Separate Account Liabilities means for the Variable Separate Account(s), all liabilities, reserves, obligations, costs and expenses relating to, based upon or arising out of the Policies, and relating to the Variable Separate Account Assets, provided, however, that the Variable Separate Account Liabilities shall not include the General Account Liabilities, Declared Rate Separate Account or the Risk Control Separate Account Liabilities.
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Variable Separate Account Liabilities means for the Variable Separate Account(s), all liabilities, reserves, obligations, costs and expenses relating to, based upon or arising out of the Policies, and relating to the Variable Separate Account Assets, provided, however, that the Variable Separate Account Liabilities shall not include the General Account Liabilities, Declared Rate Separate Account or the Risk Control Separate Account Liabilities. “VSA Accumulated Value” shall have the meaning set forth in Section 3.1(b) hereof. “VSA Earnings Credit” shall have the meaning set forth in Section 3.3 hereof. “VSA Payable Liability” shall have the meaning set forth in Section 3.4 hereof. “VSA Valuation Adjustment” shall have the meaning set forth in Section 3.2 hereof.
Sample 1

Related to Variable Separate Account Liabilities

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).